Axis REIT provides RM7m impairment as tenant Yongnam defaults on rental
Axis acquired the property in 2014 for RM153.
Axis acquired the property in 2014 for RM153.
As a new entrant in the moneylending business, PHB said it will develop its customer base gradually by providing flexible financing schemes to cater for a broader range of customers.
SOHO Suites 2 will consist of 664 units with built-ups from 450 sq ft, priced from RM472,000 each.
Built within a guarded community, Aderyn homes have a land size of 1,300 sq ft, withbuilt-ups ranging from 1,685 sq ft to 1,938 sq ft and are designed to have a north-south orientation.
The latest ABSD increase hits foreigners most with the doubling of the rate to 60%.
ADSB has secured RM17 million of orders for its construction business, and submitted tender applications and quotations for construction works amounting to RM6.
The proceeds from the issuance of the MTNs will be used for, among others, the development of properties and resorts of Genting Malaysia and its subsidiaries, including those in Genting Highlands, Pahang.
Crown Penang comprises 588 units within a 41-storey tower, and its units will feature smart-home technology in an urban resort setting.
AWC said the sub-contract, which was awarded by Lim Hoo Seng Construction Sdn Bhd to AWC's wholly-owned unit Qudotech Sdn Bhd, will contribute positively to the group's earnings.
Going forward, UOA REIT said economic conditions remain as the key factor influencing the occupancy and rental rates of its properties.